Technological innovation in industry, History

Assignment Help:

Technological Innovation in Industry

Those most inclined to find new ways to produce goods were those who had an incentive to do so. Artisans generally did not; they preferred the traditional way of doing things. Rather innovations would come from those outside of the traditions of guilds and workshops; those influenced by Enlightenment thinking about the way knowledge could be used to create "progress;" and those with the resources (capital) available to apply new ideas to industry. In short, these would be "entrepreneurs."

One way that entrepreneurs changed production was through cottage industry, which made use of the seasonally underemployed agricultural workers who lived in "cottages" in the countryside. These workers needed to make extra money to support themselves but could not come to the cities and work in workshops. So some entrepreneurs began to bring the work to them, transporting raw materials (such as cotton or wool) to their cottages and collecting finished cloth. The entrepreneur would pay each "cottage worker" a small amount for each piece of cloth; this was known as a piece rate. By collecting many pieces of finished cloth, the entrepreneur could generate a large shipment to sell in a market in a nearby city or elsewhere in Europe or the English colonies.

 


Related Discussions:- Technological innovation in industry

Why puritans pick their sides in the english civil war, Why did the royalis...

Why did the royalist and puritans pick their sides in the English civil war?

Explain slavery in the american colonies, Write an essay in which you consi...

Write an essay in which you consider how slavery in the American colonies, then United States, reflected broader, Atlantic trends but also was distinctive to the economic, politica

Show the views of the new lands and people he encountered, What was his vie...

What was his views of the new lands and people he encountered? What seem to be his values, assumptions, and goals as expressed in his letter and how might these have influenced wha

President to go on record as seeing a ufo, Who is the first known president...

Who is the first known president to go on record as seeing a UFO?

How did immigrants cope with conditions, How did Immigrants cope with condi...

How did Immigrants cope with conditions as they found them in America's brimming cities? Did industry crush immigrants or provide them with new opportunities? In what ways did work

When was the american government established, 1. When was the American Gove...

1. When was the American Government established? 2. Why was the American Government established? 3. How did the original 13 colonies come to be established? 4. What role did the Br

How did roles of women change during the progressive era, How did roles of ...

How did roles of women change during the progressive era? Take points from textbook "making of America" by berkin. Quote and use CMS formation. Must type at least three pages.

Analyze how nationalism contributed to outbreak of world war, Compare and c...

Compare and contrast the empires of Germany and Japan before the outbreak of world war II; identify and describe the qualities of the respective leaders? Identify and describe the

Whirligig, what is the risisng action of whirligig?

what is the risisng action of whirligig?

Seceding states voted for in the 1860 presidential election, Who the secedi...

Who the seceding states voted for in the 1860 presidential election?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd